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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Colby who wrote (1457)	8/11/1998 11:42:00 PM
From: Loren	Respond to of 4140

Colby - My system is actually much longer term than many traders, since I use weekly data, and I assume that most traders out there are working off of daily data (or intraday data, for that matter). The last time I looked, a 'typical' trade (whatever that means!) was lasting about 8-9 weeks. I was right a little over half the time... my winning trades averaged about 12% profit... losing trades averaged about 5% loss... all trades averaged about 9%. Small winnings/trade, but you get to use the same money over and over and over again during a year... it can add up! :-) Loren

To: Colby who wrote (1457)	8/12/1998 8:31:00 AM
From: tulsainvest001	Respond to of 4140

As a long-time lurker I'd better do a post before the swarms arrive. I am long SNRS since the 3's and found it in the Red-Chip Review. I just bought it and sat on the shares (no trading) since my brokerage won't allow Internet trading on BB stocks. It actually has been a plus to keep my paws off the stock while it has grown. A few thoughts on long-term holding in todays market outside of SNRS's basic great potential: - SNRS probably won't be affected as much in a 1999 recession as lots of other tech & industrial stocks will be. - SNRS has little or no Asia exposure. - The shares are reasonably priced for this stage in their product development cycle. All this, added to the good analyst coverage, has to look attractive to institutional buyers after NASDAQ listing. The only negatives might be the lack of current earnings (if the market got extremely tight) but hopefully this is already priced in. Since any market down-draft would probably occur within the next 6 months (given what I've been reading in Barron's) with recovery thereafter I think SNRS might do well; especially if your horizon is mid-to-late 1999. Who knows? We might even get that small-cap bull market we've all been waiting for ;-)